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Leadership
Fine Gael targets creation of 105,000 jobs in 4 years
27.11.2009
Fine Gael has today published an updated version of its economic plan in which it claims it could create 105,000 new jobs for Ireland over a four-year period.
The party’s ‘NewERA’ plan recommends €18bn-worth of investment in the country’s broadband, green energy and water networks over the course of four years, which it says would transform Ireland’s broadband network into among the top five in the world and turn the country into a net energy exporter by 2030 with 50pc of energy coming from renewable sources by 2020.
“NewERA represents the single largest transformation of our semi-state sector in over 50 years,” said the report’s author Simon Coveney TD.
“We intend swapping old state companies for new ones that can position our economy for the competitiveness challenges of the 21st century. There is no longer a need for the state to own and run Bord Gais, ESB International and ESB Power Gen & Supply.
“Fine Gael will divest the state of these assets when the market and other conditions are appropriate and use the funds raised to re-invest in new 21st-century infrastructure,” he added.
“We will finance this investment programme for NewERA through new commercial borrowing by semi states, funding from the European Investment Bank (EIB), an injection of funds by the National Pension Reserve Fund (NPRF) and a NewERA recovery bond that will be offered to all the Irish people,” Coveney said.
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Owner Manager is the latest title from the BusinessandLeadership.com stable. It focuses specifically on the needs of the business owner, offering both strategic and practical features and information related to running your own business.
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